FIBG liquidator warns creditors to expect no dividend

By David Marchant

23 years ago

Topics

USA

[ 1 more... ] [ top 5 ]

Keywords

Alain Bain Cynthia Hastey First International Bank of Grenada Gilbert Ziegler Gordon Ziegler

James Ziegler Lawrence Jones Marcus Wide Marion Suite McDonald Jeremiah Michael Creft Nigel Francis PricewaterhouseCoopers Ralph Sherman Raquel Bain Richard Downes Rita Regale Robert Skirving Roy Baisden

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In his Third Report dated June 1, 2002, the liquidator of the First International Bank of Grenada has again warned creditors that there may not be any dividend distribution.Marcus A. Wide, of PricewaterhouseCoopers, advised “there is a real and distinct possibility that there will be no distribution whatsoever made by the Liquidator to the FIBG depositors/creditors”.

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